Trade Update – November 5, 2024
Featured Headlines
ELECTION DAY
Remember to Vote Today! California Secretary of State Election Information
California Secretary of State Use voter guides and sample ballots to learn about candidates
USAGov Election Quick Guide: CalChamber Positions on California Ballot Measures
CalChamber, November 4, 2024
Here’s what to watch as Election Day approaches in the U.S.
Associated Press, November 4, 2024
Proposed Constitutional Reform in Mexican Power Sector
Akin Gump Strauss Hauer & Feld LLP, November 1, 2024
Mexico’s Constitutional Reforms Series. Environmental Reform: Energy Implications
Wilson Center, September 24, 2024
US shippers avoid East Coast ports on risk of second strike
American Journal of Transportation, October 30, 2024
Labor strikes shut down operations at Canada’s container ports from East to West Coast, with U.S. trade left in limbo
CNBC, November 4, 2024
Save the Date: U.S.-China Commission to Release Annual Report to Congress on November 19, 2024, Annual Report to Congress
U.S.- CHINA | ECONOMIC and SECURITY REVIEW COMMISSION
CalChamber Companies in the News
- Chevron Expands Supply Of Marine Lubricants To Include Port Elizabeth South Africa
GCaptain, November 5, 2024 - Campbell’s and Kind receive USDA support to advance regenerative agriculture for key ingredients
Agriculture Dive, November 4, 2024 - Starbucks ramps up supply chain investments for climate resilience
Supply Chain Dive, October 31, 2024
Trade Policy
White House
- Statement by President Joe Biden on Moldova’s Presidential Elections
The White House, November 4, 2024 - SHEET: The Biden-Harris Administration Marks the Anniversary of the Americas Partnership for Economic Prosperity Leaders’ Summit
The White House, November 4, 2024 - De minimis overhaul will start before next president: former Biden official
Supply Chain Dive, November 4, 2024
U.S. Department of Commerce
- Statement about the negative vote by the International Trade Commission
American Journal of Transportation, October 31, 2024 - Aluminum Extrusions from China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, United Arab Emirates, and Vietnam Do Not Injure U.S. Industry, Says USITC
United States International Trade Commission, October 30, 2024 - Biden-Harris Administration Opens $100 million Competition to Accelerate R&D and AI Technologies for Sustainable Semiconductor Materials
U.S. Department of Commerce, October 30, 2024
U.S. Trade Representative
Readout of the 9th United States – Egypt Trade and Investment Framework Agreement Council Meeting
United States Trade Representative, October 31, 2024 United States and Chile Convene 10th Meeting of the Environmental Affairs Council Under the U.S.- Chile Free Trade Agreement
United States Trade Representative, October 30, 2024
- USTR Secures Renewed Market Access for U.S. Apples in Indonesia
United States Trade Representative, November 1, 2024 - USTR Seeks Applications for Appointment of Indigenous Representatives to the United States Observer Delegation to the Indigenous Peoples Economic and Trade Cooperation Arrangement
United States Trade Representative, October 30, 2024 - Americas Partnership Countries Highlight Resources for Inclusive Trade and Small Business
United States Trade Representative, October 29, 2024
U.S. Department of Treasury
US, Taiwan to begin talks on double taxation deal, says Treasury Dept
American Journal of Transportation, October 29, 2024
Export-Import Bank
- Export-Import Bank of the United States and European American Chamber of Commerce Sign Memorandum of Understanding
EXIM, October 29, 2024
World Trade Organization
- As China approaches WTO, analysts say Beijing-EU tariff spat unlikely to go ‘too far’
CNBC, November 5, 2024 - European Council President: For multilateralism to work we need trust, trade and to transform
WTO, November 1, 2024 - DG Okonjo-Iweala encourages members to continue advancing trade and development work
WTO, October 31, 2024
Trade Agreements/ Cooperation
- New Zealand seals free trade deal with GCC to boost exports, investment
Gulf Business, November 1, 2024 - China, Slovakia forge closer ties amid EU trade disputes
Reuters, November 1, 2024 - Turkey moves to broaden its Africa reach
AFP, November 1, 2024
California
- Why California’s vote count will take days
CalMatters, November 4, 2024 - Biden-Harris Administration Announces Sunnyvale, CA as Expected Location for Second CHIPS for America R&D Flagship Facility
U.S. Department of Commerce, November 1, 2024 - CalChamber’s 2025 Employment Law Updates In-Person, Virtual Seminars
CalChamber, November 1, 2024
More International Articles
Canada posts higher-than-expected trade deficit in September on lower prices
Reuters, November 5, 2024 Germany could face snap election
Deutsche Welle, November 4, 2024
- Shanghai Port Steps Up with a Green Plan to Rival Singapore’s Bunkering Empire
GCaptain, November 5, 2024 - Canada Port Disruption Sparks Fear of Wider Trade Snarls
SupplyChainBrain, November 4, 2024 - Trump tariff proposals could cost Americans $78 billion in annual spending power, according to NRF study
American Journal of Transportation, November 4, 2024 - U.S. Chip Toolmakers Move to Cut China from Supply Chains
The Wall Street Journal, November 4, 2024 - Sweden Blocks Baltic Sea Wind Farms Over Defense Concerns
GCaptain, November 4, 2024 - China Still Risks Japan’s Fate Despite Manufacturing Crown
Bloomberg, November 2, 2024 - China pivot from US farm imports bolsters it against trade war risks
American Journal of Transportation, November 1, 2024